B.A. LL.B. (Semester (CGPA) Examination Mar/Apr-2018
EQUITY AND TRUST
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory.
Q.1
Multiple choice questions:
14
Section of Indian Trust Act fixes the liability of beneficiary joining the breach of trust.
20
67
68
66
Section 70 of Indian Trust Act deals that the office of trustee is vacated by his from his office.
Death or by his discharge
Death or resignation
Acceptance or New trustee
None of above
Public Trust Administration fund Established under section
57
70
72
80
As per section the State Government may, by notification in the official Gazette, appoint an officer to be called as the charity commissioner under Bombay Public Trust Act.
3
2
4
5
Trust are created through
By Act of a party
By operation of Law
Both above
None of the above
Section 18 of Bombay Public Trust Act deals with of the Public Trust.
Registration
Cancellation
Dissolution
Formation
Sections of Indian Trust Act, makes provision for extinction of trust.
Section 77 to 79
Section 56 to 60
Section 61 to 65
Section 40 to 43
Equity looks on that as done
Yet to be done
Has to be done
Done
Ought to be done
Trustee is having duties.
Execute trust
Protect title to trust property
To prevent waste
All above
10) He who seeks equity must do equity is applied in Doctrine of
Election
Conversion
Part performance
Specific performance
Page 2 of 2
SLR-HF-76
11) Under section trust is defined.
2
3
5
6
12) is necessary for creation of Trust.
Intention
Purpose
Beneficiary
All above
13) Section 32 of Bombay Public Trust Act lays down permission for maintenance of
Account
Audit
Balance
None of the above
14) Rights of Trustees are mentioned under sections.
25 to 30
31 to 35
26 to 28
36 to 40
Q.2
Discuss detail duties of trustee and liability for breach of Trust.
14
Q.3
Explain the Maxims:-
14
"he who comes into equity must come with clean hands."
Equity follows the law
OR
Define trust and Explain in detail creation of trust.
Q.4

Write notes on. (Any two)
08
Rights of beneficiaries
Appointment of New trustee
Delay defeat Equity

Public Trust Administration fund.
06
Q.5
Answer in short. (Any Seven)
14
Cypress Doctrine
Extinction of Trust
Penalties (under Bombay Public Trust Act)
Liabilities of beneficiaries
Definition of trust
Investment of property by trustee
Equity acts in personam
Rights of trustee
Balancing and Auditing Accounts
Charitable trust